10:17 AM Aircraft Valves Market to experience an impressive growth of 5.8% during 2020-2025 |
| Aircraft Valves Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. Aircraft Valves Market is likely to witness an impressive CAGR of 5.8% during the forecast period. The unprecedented growth in aircraft orders from airlines, driven by surging air passenger traffic is the prime factor bolstering the global aircraft valves market. Boeing estimated, there would be total deliveries of 40,410 commercial aircraft worth US$ 6.24 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during the same period. An anticipated healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for valves in the commercial aircraft industry. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/432/aircraft-valves-market.html Aircraft Valves Market Segment Insights: By Valve Type: The market is segmented as fuel system valves, air conditioning valves, hydraulic system valves, ice & rain protection system valves, pneumatic system valves, water & waste system valves, and lubrication system valves. Hydraulic system valves are estimated to lead the market in the coming five years, owing to increasing commercial aircraft deliveries and rising aircraft fleet size. By Aircraft Type: Commercial aircraft comprises narrow-body aircraft, wide-body aircraft, very large body aircraft, and regional aircraft. General aviation houses business jets, piston aircraft, and business helicopters, whereas military aircraft includes fighter and transporter aircraft, and military helicopters. Commercial aircraft is estimated to remain the growth engine of the market over the next five years and is also likely to register the highest growth during the same period. By Mechanism Type: The poppet valves segment is likely to lead the market over the next five years, driven by its usage in managing, controlling, and discharging fluids across various systems used in an aircraft coupled with its low lifespan. By End-User Type: The OE-sales segment is likely to remain the larger segment of the market over the next five years, driven by a continuous increase in the deliveries of commercial aircraft. The aftermarket segment is going to depict a higher growth in the coming five years, owing to the upsurge in air passenger traffic, which amounts to extended flight hours, leading to short replacement cycles. Valves require frequent replacements in an aircraft due to low lifespan, usually 3 to 5 years, depending upon applications, valve types, material, etc. By Region: North America is estimated to remain the largest market for aircraft valves in the coming five years. The market is driven by the regional presence of many large-to small-sized aircraft manufacturers, tier players, aircraft valve manufacturers, distributors, and raw material suppliers. North America is the manufacturing capital of the aircraft industry. The region is the early innovator and introduces the latest technologies addressing the existing as well as future requirements, then these technologies are gradually transmitted to other parts of the world like China and India. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/432/aircraft-valves-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
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